The manufacturing plant is a heavy energy consumer – energy overheads are always the largest or second largest factory operating expenses. Energy losses and optimization can be strategically managed by using modern technologies such as big data management, manufacturing intelligence and advanced analytics to measure, visualize and analyze energy data in a business context. This forms the foundation for the continuous improvement process. Understanding and correlating energy data with operations data can bring in required changes, enabling factories to advance operational performance, control costs and stay competitive.
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